Successful landlords know the value of robust property management software. But with so many options on the market, it can be challenging to cut through the noise and find landlord software that fits your unique needs.
In this article, we’ll explore the three major differences between TurboTenant and RentRedi to help you determine which property management software solution is best suited to boost your bottom line.
1) Administrative Support
Your property management software should support every aspect of the landlord experience, including your administrative work. TurboTenant believes in freeing up as much of your time as possible, which is why their platform was designed to help landlords get the most out of each rental unit without wasting time or money.
For example, TurboTenant offers state-specific leases in all 50 states, and you can access these critical documents in one of two ways. It’s easy to purchase a one-off lease for $59, but landlords looking to conduct business across state lines can benefit from subscribing to the Premium plan for only $149/yr. TurboTenant’s Premium plan unlocks unlimited lease agreements and addendums along with their Ultimate Landlord Forms Pack. The Landlord Forms pack includes everything a landlord or property manager needs, from a pay or quit notice to condition reports to rent increase letters and everything in between.
Currently, RentRedi doesn’t offer this type of administrative support, so their landlords have to spend their valuable time and money on attorney-approved leases and various other forms.
2) Cost
Every dollar counts when you’re a small business owner, which is why TurboTenant offers an array of free features for landlords to enjoy. With a free TurboTenant account, you can advertise vacant units, manage your leads, collect rent online, enjoy top-notch document management, and track your expenses, among a host of other perks. If you’d like to take your property management business to the next level, TurboTenant offers a Premium plan.
For only $149/yr, Premium plan members unlock:
- The ability to connect an unlimited number of bank accounts
- Expedited rent payouts
- Automatic income insights for potential tenants
- State-specific lease agreements
- Lease addendums
- E-signature capabilities
- The Ultimate Landlord Forms Pack
Conversely, RentRedi doesn’t offer any free features, and their most expensive plan requires a whopping $239/yr commitment.
Wouldn’t you rather use a tool, explore its free features, and upgrade to a paid plan once you’ve seen the value for yourself?
3) The Promotion of Positive Landlord-Tenant Relationships
Most landlord software focuses solely on the property manager, but there’s another crucial group you need to keep top of mind: your tenants. The best property management software solution should not only streamline your business, but should also support and promote your relationship with your renters.
That’s why TurboTenant offers features that benefit both you and your tenants while providing everything you need to keep your relationship healthy.
For example, TurboTenant’s free messaging system helps landlords to be responsive while capturing all communications within a time-stamped chat log, and it also allows tenants to submit maintenance requests, questions, and important documentation with ease.
Additionally, renters who make monthly payments through TurboTenant enjoy automatic Check-ins. Upon paying rent, tenants automatically receive a quick questionnaire asking how they feel about the rental unit and if they need to submit a maintenance request. No longer do you have to be a reactive landlord; TurboTenant makes it simple to be a proactive property owner who gets ahead of issues before they spin out of control.
In addition, TurboTenant also offers free education that benefits both you and your tenants. The TurboTenant education team hosts monthly informative webinars, covers industry hot topics on their blog, and also has their own YouTube series dedicated to helping you become a better landlord for you and your community.
An important feature for tenants that is offered by both TurboTenant and RentRedi is Rent Reporting. Rent Reporting sends all of a renter’s on-time monthly rent payments to TransUnion. This perk helps your tenants build credit history while further incentivizing on-time, in-full monthly rent payments. To start reporting rent, TurboTenant renters will pay $4.99/month versus RentRedi renters at $5.99/month.
On the other hand, RentRedi does not have automatic check-ins or tenant-landlord centered free education. In this hot market, you can’t afford to lose sight of your tenants, so a software solution that offers automatic insight is a must.
Conclusion
If you want to boost your business with a comprehensive property management software solution, choose TurboTenant instead of RentRedi. Not only can you create a free account to explore their offerings before committing to a paid plan, but TurboTenant’s dedication to supporting every aspect of your business is unmatched.
Whether you’re swamped with administrative work, looking to boost your landlord-tenant relationship, or simply want to leverage a tool designed with your success in mind, TurboTenant has everything you need to maximize your bottom line.
All claims are a result of an industry-wide audit done by our in-house team. If we missed something or have provided incorrect information, please let us know at [email protected].
